How 11 U.S.C. § 1329 applies in New Mexico — federal bankruptcy law, New Mexico district data.
A confirmed Chapter 13 plan can be modified after confirmation at the request of the debtor, trustee, or unsecured creditor. Modification extends or reduces payment period, changes amount or classification of claims, or accounts for changed circumstances. Cannot extend beyond the statutory 5-year maximum.
Districts covered: D.N.M..
The rules above are federal — they apply identically in every state. What varies by state is exemptions (§522), median income thresholds (means test), and case-law interpretations of ambiguous terms. For a New Mexico-specific answer, check the screener or consult a local attorney.
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